Latest Resource Estimation News

Strickland Metals has reported robust diamond drilling results from its 5.3Moz AuEq Shanac Deposit in Serbia, highlighting both wide and high-grade mineralised zones. These findings set the stage for an updated resource estimate expected this quarter.

Adavale Resources has reported its best-ever gold intercepts from the London-Victoria mine, signalling strong potential for a significant resource upgrade. With further assay results pending and Phase 3 drilling imminent, the company’s exploration momentum is building.

Haranga Resources reports steady progress on its Lincoln Gold Project drilling program in California, despite weather-related dewatering setbacks. Initial assay tests validate the high-grade nature of the resource, setting the stage for an updated JORC-compliant resource estimate.

Latitude 66 Limited reports wide, high-grade gold intersections at its Laverton Gold Project, confirming extensions and new discoveries at the Red Dog and Tin Dog prospects. The results validate a structural model and set the stage for rapid resource growth.

LinQ Minerals reports consistent high-grade gold and copper mineralisation over a 300m strike at its Dam deposit, with further drilling planned to expand the resource.

Lefroy Exploration has begun mining ore at its Lucky Strike Gold Deposit, marking its transition to gold producer with first processing set for February 2026. This milestone aligns with strong gold prices, positioning Lefroy for potential cash flow generation.

Olympio Metals has reported a highly successful maiden drilling campaign at its Bousquet Gold Project in Quebec, revealing over 100 significant gold intercepts and confirming the presence of multiple gold deposits along a large east-west trending system.

Alice Queen Limited has addressed a recent doubling in its share price, attributing the surge to rising gold prices and ongoing project developments rather than undisclosed information.

Unico Silver’s December quarter saw exceptional drill results at its Joaquin project and a $50 million capital raise, propelling the company into pre-feasibility studies and strengthening its development outlook.

Charger Metals NL is set to commence a significant 3,000-metre drilling program at its Lake Johnston Project, targeting high-grade gold and lithium mineralisation following recent promising results. The program aims to expand on the Xmas Gold Discovery and advance the Medcalf Spodumene Deposit.

Caprice Resources reports strong high-grade gold assay results from its Island Gold Project, confirming mineralisation continuity and new reef discoveries. Drilling has restarted to complete the Phase 4 programme, while exploration begins at the newly acquired Comet Project.

Riversgold Limited reports encouraging shallow gold intersections at its Northern Zone Gold Project near Kalgoorlie, supported by a $2.15 million capital raise with MEGA Resources as a key investor. The drilling results and strategic partnership set the stage for advancing mining plans in 2026.